Alberta Premier Rachel Notley said she will give the federal government a few more days to intervene on the Trans Mountain pipeline dispute before applying further economic pressures on British Columbia.

The dispute escalated over a B.C. decision to suspend expanded pipeline activity until further review is conducted on whether spills could be cleaned up properly. Notley has already suspended talks on buying B.C. electricity and banned B.C. wine imports.

“We do not seek an escalation, but if B.C. continues to insist that they have rights to attack Alberta’s economy that they don’t have, we will have no choice (but) to respond,” she said. Alberta has not ruled out more extreme sanctions including restrictions on oil transport to B.C. or refusal to transport natural gas from the province. The Canadian Press reports.

In Canada:

Rio Tinto is investing $250 million to extend the life of the Vaudreuil aluminum facility in Quebec past 2022. The investment will fund projects for the facility, including the construction of a filtration plant and research into better management of bauxite residue—red mud. As The Canadian Press reports, the company is considering ways to get value out of red mud, saying the substance needs to be managed responsibly because it contains toxic heavy metals.

Internationally:

Suncor Energy Inc. made significant new investments of $920 million in Syncrude oilsands but signaled it’s looking abroad with a telling new deal to buy a stake in a North Sea project. Suncor’s oilsands investment upgraded the company’s stake in Syncrude oilsands to 58.74 per cent but marks the exit of yet another international oil company from Canada, Mocal Energy Ltd, which sold its shares in the project. The Canadian energy giant’s North Sea investment underscores CEO Steve Williams’ recent comment on the company’s goal to deploy capital abroad, the Edmonton Journal reports.

Growth in global oil production is likely to outpace demand growth in 2018, the International Energy Agency said Tuesday. “Today, having cut costs dramatically, U.S. producers are enjoying a second wave of growth so extraordinary that in 2018 their increase in liquids production could equal global demand growth,” the IEA said. As Reuters reports, projection for demand growth in 2018 were updated to 1.4 million bpd from 1.3 million following IMF updates to economic growth projections.